Category: Uncategorized
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Romania signs deal for 12 Airbus multirole helicopters under SAFE programme
The Romanian Ministry of Internal Affairs signed a contract with Airbus Helicopters for the acquisition of 12 multirole helicopters, including seven H160 aircraft and five H145 helicopters. The purchase is part of the Security Action for Europe (SAFE) initiative, which aims to strengthen civil protection, emergency response, and public safety capabilities across the European Union.…
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DTR ENERGY IS POWERING ROMANIA’S FUTURE: GREEN ENERGY INVESTMENTS DONE RIGHT
As Romania accelerates its transition toward a sustainable and energy-independent future, a new player is entering the market with a clear mission: connecting investors with high-quality renewable energy opportunities backed by expertise, market access, and real development know-how. Building on the success and extensive network of Door To Romania, the company has officially launched DTR…
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Donation-funded pediatric campus project in Bucharest advances with start of on-site works
Preparatory works have started for the construction of the second building of the Pediatric Medical Campus being developed at Marie Curie Children’s Hospital in Bucharest by the charity Dăruiește Viață. The first excavator has arrived on site this week as crews begin relocating utility networks in the hospital courtyard ahead of the main construction phase.…
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Hagag Europe, Airengy to develop electricity storage project in Romania using salt caverns
Israeli real estate development and energy infrastructure company Hagag Europe signed a strategic agreement with Airengy, another Israeli energy company listed on the Tel Aviv Stock Exchange, to develop an electricity storage project in Romania using salt caverns. The project will use Romania’s natural salt caverns to store compressed air. The compressed air is injected…
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Wizz Air launches full summer schedule from Romania to Greek islands
Wizz Air announced the official launch of all of its seasonal routes from Romania to the Greek islands for the 2026 summer season. The low-cost carrier now operates 10 routes to six Greek islands from Bucharest, Cluj-Napoca, and Timișoara, including the newly added destination of Kefalonia. The airline said tickets are already available through its…
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Romanian PM-designate rejects rumours about abandoning bid to form government
Romania’s prime minister-designate Eugen Tomac denied reports that he intends to give up his mandate and resign before seeking parliamentary approval, insisting that he will continue efforts to form a government and submit it to a confidence vote. “There is a rumour circulating that tomorrow I intend to resign my mandate, following an alleged lack…
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Romania’s trade deficit shrinks by 10.6% y/y in 12 months to April
Romania’s trade deficit in the 12 months to April contracted by 10.6% y/y to EUR 31.9 billion, according to data published by the statistics office INS. The deficit-to-GDP ratio reached 8.3%, subject to a slight downward adjustment after the Q2 GDP release, from 9.9% in April 2025. On the downside, the trade balance improvement, however,…
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Romanian farmers and food processors get EUR 265 mln in Modernisation Fund support for solar projects
Romanian companies in agriculture and the food industry will be able to access investment grants worth a total of EUR 265 million for renewable energy installations intended for self-consumption, with applications open between June 15 and August 14, 2026, according to Mediafax. The Ministry of Agriculture and Rural Development (MADR) and the Agency for Financing…
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Romania cuts coupons on retail government bonds, but adds 10-year maturity for local currency
Romania’s Treasury has cut here and there the coupons attached to the Fidelis government bonds listed at Bucharest Exchange, while adding a new maturity (10 years) for the local currency papers – with a 7.6% coupon, Ziarul Financiar reported. Previously, the longest maturity for the local currency bonds was 6 years, with a 7.5% coupon…
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Romania’s competition body to issue reasoning for record bank fines within four months
The Competition Council will draft the reasoning for the record EUR 710 million slapped on the country’s largest bank for alleged ROBOR collusion within the legal term of four months, competition body’s president Bogdan Chiritoiu told Digi24 after being questioned about an intermediary report leaked to the media outlet. The ruling becomes enforceable only after…